IRAN AGRIBUSINESS SECTOR
Agriculture is one of the most important sectors of the Iranian economy. Iran Agribusiness Sector represents 11% of the GDP and employs 23% of the population; about 20% of the land is arable. The main food-producing areas are the Caspian region and the valleys of the northwest. The diversity of the climate conditions allows a large variety of crops to be grown, but also brings several challenges, mainly regarding the irrigation.
Iran cosmetics Market
Iran is among the top 10 countries with the highest makeup and cosmetic usage in the world, and the second in the MENA region.
The demographic structure of the Iranian population – with a vast majority of people below 40 – guarantees a steady & fast growth of the sector. The end of 35 years of economic isolation is also expected to impulse a new consumption dynamic in the population.
Machinery & Equipment Iran
After being massively impacted by the sanctions, the Iranian industrial sector will be one of the main drivers of Iran’s growth in the post-sanction era and will have a growing importance in its economy.
With the lifting of the sanctions and implementation of the JCPOA (Joint Comprehensive Plan Of Action), Iran’s economy is expected to boom and the country to regain its status in the region